1275 SW 36th AVE, Fort Lauderdale, FL 33312
1275 SW 36th AVE, Fort Lauderdale, FL 33312
1275 SW 36th AVE, Fort Lauderdale, FL 33312
1275 SW 36th AVE, Fort Lauderdale, FL 33312
1275 SW 36th AVE, Fort Lauderdale, FL 33312
1275 SW 36th AVE, Fort Lauderdale, FL 33312
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Vinesha Clark

Vinesha Clark

+1(772) 777-9913
$ 1,000,000
Est. payment | /mo

2,074 SqFt

Save Virtual Tour
$ 1,000,000
Est. payment | /mo
Save Virtual Tour

2,074 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,074 sqft

Price per Sqft $482

Subdivision Breezyway Manor Sec

MLS Listing ID A12041646

HOA Y/N No

Total Fin. Sqft 2074

Year Built 1974

Annual Tax Amount $14,622

Tax Year 2025

Property Sub-Type Quadruplex

Property Description

Four-unit multifamily investment opportunity in the established Sunset neighborhood of Fort Lauderdale. The property consists of four 1-bedroom/1-bathroom units within a 2,074 SF building on a 5,234 SF lot, zoned RD-15. All four units are currently occupied and leased, generating $72,000 in gross annual income with a current NOI of $49,078 (4.91% cap rate) at the $1,000,000 asking price.The value-add opportunity is clear: in-place rents average $1,500/unit against a market rate of $1,850/unit. Repositioning all four units to market adds $16,800 in gross annual income, lifting NOI to $65,878 and pushing the proforma cap rate to 6.59% — with no change to unit count or footprint.Property features include recently renovated appliances, central A/C, a 6-year-old roof with proper maintenance, and public sewer service. Annual operating expenses total $22,922, inclusive of real estate taxes ($14,622), insurance ($3,500), water/sewer ($2,400), and maintenance ($2,400).Priced at $482/SF and $250,000 per unit. Interior photos pending. Seller response time may be delayed — pre-qualified buyers are encouraged. All figures are owner-reported; buyer to independently verify prior to purchase.

Location

State FL

County Broward

Area 3580

Zoning RD-15

Interior

Interior Features InteriorFeatures

Heating Central, Other, Separate Meters

Cooling Central Air

Flooring Other

Fireplace No

Exterior

Utilities Available Cable Available

Roof Type Shingle

Total Parking Spaces 4

Private Pool No

Building

Dwelling Type Multi Family

Story 2

Sewer Public Sewer

Structure Type Block,Stucco

Schools

Elementary Schools Stephen Foster

Middle Schools New River

High Schools Stranahan

Others

Tax ID 504218120200

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12041646

BeachesMLS, Inc. (FLR) IDX
Listed by Nicholas Arias Trustpoint Realty, LLC.

Nearby Locations

Vinesha Clark

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(772) 777-9913

vcsellsflorida@gmail.com

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1275 SW 36th AVE